Segment and Geographic Information

3 Months Ended

Jun. 30, 2011

Segment and Geographic Information

Segment and Geographic Information

Note 6. Segment and Geographic Information

The Company is organized into three business groups: the Tantalum Business Group (“Tantalum”), the Ceramic Business Group (“Ceramics”), and Film and Electrolytic Business Group. Each business group is responsible for the operations of certain manufacturing sites as well as all related research and development efforts. The sales and marketing functions are shared by the business groups and are allocated to each business group based on the business group’s respective budgeted net sales. In addition, all corporate costs are allocated to the business groups based on the business group’s respective budgeted net sales.

Tantalum

Tantalum operates in five manufacturing sites in the United States, Mexico, China, and Portugal. This business group produces tantalum and aluminum polymer capacitors. Tantalum shares with Ceramics the Company’s product innovation center in the United States.  Tantalum products are sold in all regions of the world.

Ceramics

Ceramics operates in two manufacturing sites in Mexico and a manufacturing site in China. The business group shares with Tantalum the Company’s product innovation center in the United States.  In addition, Ceramics maintains a design and manufacturing plant for electrical transformers, inductors, chokes, coils and filters in the United States.  This business group produces ceramic capacitors.  Ceramics products are sold in all regions of the world.

Film and Electrolytic

Film and Electrolytic operates in sixteen manufacturing sites in Europe, Asia and North America. This business group produces film, paper, and electrolytic capacitors. In addition, the business group has a product innovation center in Sweden.  Film and Electrolytic products are sold in all regions in the world.

The following table reflects each business group’s net sales, operating income (loss), depreciation and amortization expenses and sales by region for the quarters ended June 30, 2011 and 2010 (amounts in thousands):

	Quarters Ended June 30,
	2011		2010
Net sales:
Tantalum	$	122,443	$	113,568
Ceramics	59,378		54,324
Film and Electrolytic	108,035		75,902
	$	289,856	$	243,794
Operating income (loss) (1):
Tantalum	$	17,414	$	17,506
Ceramics	10,860		11,030
Film and Electrolytic	12,568		(1		)
	$	40,842	$	28,535
Depreciation and amortization expenses:
Tantalum	$	6,208	$	8,318
Ceramics	1,803		2,269
Film and Electrolytic	3,148		3,923
	$	11,159	$	14,510
Sales by region:
North and South America (Americas)	$	72,759	$	56,786
Europe, Middle East, Africa (EMEA)		102,712		86,372
Asia and Pacific Rim (APAC)		114,385		100,636
	$	289,856	$	243,794

(1) Restructuring charges included in Operating income were as follows (amounts in thousands):

	Quarters Ended June 30,
	2011		2010
Total restructuring:
Tantalum	$	35	$	457
Ceramics	38		94
Film and Electrolytic	952		1,241
	$	1,025	$	1,792

The following table reflects each business group’s total assets as of June 30, 2011 and March 31, 2011 (amounts in thousands):

	June 30, 2011		March 31, 2011
Total assets:
Tantalum	$	412,251	$	435,311
Ceramics	168,914		179,639
Film and Electrolytic	323,391		269,359
	$	904,556	$	884,309